Aluminum Foil Packaging Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

Aluminum foil is a recyclable, malleable, non-toxic rolled sheet that is widely used in different thicknesses depending on the application. It provides protection from light, moisture, grease, microorganisms, bacteria, oxygen, and other gases. Owning these properties, it is widely used in the manufacture of aseptic packaging, fresh food can be stored without refrigeration. Additionally, aluminum foil containers and trays are used for packaging pet food, takeaways, and ready-to-eat snacks. It is also used in the packaging of various drug dosage forms such as capsules, creams, lotions, liquids, and powders. Also, increasing demand for food and beverages through online food delivery platforms is increasing the use of aluminum foil containers, which is driving the market for aluminum foil packaging. Further, aluminum foil is combined with a flexible film to form a barrier layer, creating a lightweight and flexible package. These packages are used to pack milk powder, pet food, tuna, coffee, soups, and many other foods, and also aluminum foil and parchment paper coated with water-based latex are used for packaging dairy products such as butter, cheese, and margarine. Aluminum foil composite containers have also gained traction for storing chilled beverages. These aforementioned factors is increasing the demand for aluminum foil packaging.

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According to UnivDatos Market Insights (UMI)’ research report “Global Aluminum Foil Packaging Market”, the market is expected to showcase a growth of around 4% during the forecast period. The growing advancements for packaging in the industries like food & beverages and healthcare for better quality and safety are likely to increase the demand for aluminum foil packaging.

Based on packaging type, the market is categorized into rigid packaging, semi-rigid packaging, and flexible packaging. Among these, semi-rigid packaging has a prominent share in the market. Semi-rigid packaging combines the benefits of rigid packaging with some of the advantages of flexible packaging. With the ability to easily peel the lid of a container, semi-rigid packaging is used to protect and deliver a myriad of products including pharmaceuticals, food and beverages, and others.

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Based on end-user, Based on end-user, the market is categorized into food and beverages, tobacco, pharmaceuticals, cosmetics, and others. Among these, food and beverages have a prominent share in the market. Aluminum foil is chemically neutral, corrosion-resistance, non-toxic, and hygienic. These properties make it a kind of packaging material that creates a strong barrier for preserving food and beverages and helps in waste reduction.

Asia-Pacific accounted for a considerable share of the aluminum foil packaging market

Asia-Pacific held a considerable share in the market and demand is expected to maintain its position during the foreseeable future. This can be attributed to the increasing expenditure in the food & beverages and healthcare industry and the growing population in the region. There is an increasing demand for better quality packaging in packed food and pharmaceutical products for safety and reducing wastage in the region. This is increasing the demand for aluminum foil packaging as it is recyclable, malleable, non-toxic, and provides protection from light, moisture, grease, microorganisms, bacteria, oxygen, and other gases.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global aluminum foil packaging market include Amcor Group GmbH, Novelis Inc., Carcano Antonio S.p.A, Assan Alüminyum Sanayi ve Ticaret A.Ş., Hulamin Limited, Ardagh Group, Clifton Packaging Group Ltd., Revere Packaging LLC, Eurofoil Luxembourg S.A., and Zhangjiagang Goldshine Aluminum Co. Ltd. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Aluminum Foil Packaging Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

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Market Segmentation:

1.     By Packaging Type (Rigid Packaging, Semi-rigid Packaging, and Flexible Packaging)

2.     By Application (Foil Wraps, Pouches, Blisters, Containers, and Others)

3.     By End-User (Food and Beverages, Tobacco, Pharmaceuticals, Cosmetics, and Others)

4.     By Region (North America (United States, Canada, Rest of North America), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)

5.     By Company (Amcor Group GmbH, Novelis Inc., Carcano Antonio S.p.A, Assan Alüminyum Sanayi ve Ticaret A.Ş., Hulamin Limited, Ardagh Group, Clifton Packaging Group Ltd., Revere Packaging LLC, Eurofoil Luxembourg S.A., and Zhangjiagang Goldshine Aluminum Co. Ltd.)

Key questions answered in the study:

1.     What are the current and future trends of the global aluminum foil packaging industry?

2.     How the industry has been evolving in terms of packaging type, application, and end-user?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global aluminum foil packaging industry?

5.     What are the customer orientation, purchase behavior, and expectations from the global aluminum foil packaging suppliers across various regions and countries?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL ALUMINUM FOIL PACKAGING MARKET COVID-19 IMPACT

6 GLOBAL ALUMINUM FOIL PACKAGING MARKET REVENUE (USD MN), 2019-2027F

7 MARKET INSIGHTS BY PACKAGING TYPE

8 MARKET INSIGHTS BY APPLICATION

9 MARKET INSIGHTS BY END-USER

10 MARKET INSIGHTS BY REGION

11 ALUMINUM FOIL PACKAGING MARKET DYNAMICS

12 ALUMINUM FOIL PACKAGING MARKET OPPORTUNITIES

13 ALUMINUM FOIL PACKAGING MARKET TRENDS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY-SIDE ANALYSIS

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

18 COMPANY PROFILED

19 DISCLAIMER